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IMF's De Rato Says U.S. Housing Slowdown Is a Risk
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Nov. 18 (Bloomberg) -- The U.S. housing market may slow more than it already has, curbing global economic growth, International Monetary Fund Managing Director Rodrigo de Rato said.
``A further correction in the housing market could lead to an even sharper slowdown in the U.S. economy and have spill-over effects abroad,'' de Rato told reporters in Melbourne, where he is attending the meeting of the Group of 20 industrial and emerging economies.
